Regarding :Clarification on admissibility of deemed export benefits under Para 8.2F of FTP.

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..... s A reference has been received from trade seeking certain clarifications on admissibility of deemed export benefits under para 8.2(f) of FTP. The issues have been considered for issuance of appropriate clarifications under para 2.3 of FTP. 2. Chronological sequence is described as under: (i) 21st March, 2012: Notification No. 107(RE-2010)-2009-14 This Notification inserted para 8.7 in the FTP .....

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..... deleted. Non-Mega Power Project were covered under para 8.2.(g) of FTP as Non-Mega Power Projects were not entitled for zero duty import and accordingly, in view of Notification given in para 2(i) above, this para was deleted. Similarly, provisions relating to deemed export benefits for Non-Mega Power Projects were also deleted from para 8.4.4(iv) of FTP. 3. Redrafting of para 8.2(f) in the Annua .....

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..... ove, following clarifications are issued: (i) Deemed export benefits are not available for supplies to Non-Mega Power Projects. (ii) Para 8.2(f)(i) and para 8.2(f)(ii) of FTP are in continuation and hence to be read in conjunction. Para 8.2(f) (ii) of FTP lays down conditions in respect of supplies covered under para 8.2(f) (i) of FTP. (iii) Benefits of deemed exports under para 8.2(f) are avai .....

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